Affordable Mixed-Use Investment

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Affordable Mixed-Use Investment

120 Riccarton Road, Riccarton, Christchurch City

CBRE is pleased to market 120 Riccarton Road for sale.

120 Riccarton Road offers a well-balanced mixed-use investment in a high-profile Riccarton location, combining a street-front retail tenancy with residential accommodation to the rear.

This freehold property delivers diversified income and flexibility, appealing to investors seeking stable returns with future options.

Investment Highlights:

Land area of 550sqm and floor area of 210sqm

Current income of approximately $69,680 per annum

Dual income stream from retail and residential tenancies

Strong exposure opposite Westfield Riccarton

Passive income with future repositioning or development opportunity

116 Riccarton Road is also available to purchase. View the listing of both properties here: cbre.co.nz/CCH101048

For more information contact Chengyang Zhang & Paul Brown today.